latest news releases from the newsroom
Color Imaging, Inc.
Color Imaging's First Quarter 2002 Revenue Rises 42 Percent, Three Month Operating Income Increases 134 Percent
ATLANTA, May 2, 2002 (PRIMEZONE) -- Color Imaging, Inc. (OTCBB:CIMG) announced that first quarter revenue increased to $7.9 million, or 42 percent over the same quarter in FY2001, continuing a strong revenue growth trend. Operating income rose 134 percent to $270,000 for the three months ending March 31, 2002, as compared to the same period during FY2001.
Abbey Spanier Rodd & Abrams, LLP
Abbey Gardy, LLP: Attention Purchasers of the Merrill Lynch Internet Strategies Fund, Inc.
NEW YORK, May 2, 2002 (PRIMEZONE) -- Abbey Gardy, LLP has announced that a securities class action lawsuit was filed against the Merrill Lynch Internet Strategies Fund, Inc. ("Internet Strategies Fund" or the "Company") ("MANTX"; "MBNTX"; "MCNTX"; "MDNTX"; "MANTXEMP"; "MANTXFEE"), Merrill Lynch & Co., Inc. ("Merrill Lynch"), Merrill Lynch Funds Distributor ("MLFD"), Henry Blodget ("Blodget"), Paul G. Meeks ("Meeks") and several directors of the Internet Strategies Fund, on behalf of all persons or entities who purchased shares of the Internet Strategies Fund during the period from March 14, 2000 through October 15, 2001, inclusive (the "Class Period"). On October 15, 2001, the Internet Strategies Fund merged with The Merrill Lynch Global Technology Fund ("MAGTX"; "MBGTX"; "MCGTX"; "MDGTX"). A copy of the complaint is available from the Court or from Abbey Gardy, LLP. Please contact us by phone at 800-889-3701 or by email at email@example.com.
Abbey Spanier Rodd & Abrams, LLP
Class Action Lawsuit Commenced on April 30, 2002 on Behalf of Purchasers of Dynegy, Inc. by Abbey Gardy, LLP -- DYN
NEW YORK, May 2, 2002 (PRIMEZONE) -- A securities class action lawsuit was filed in the Southern District of Texas, on behalf of all persons who purchased common stock of Dynegy, Inc. (NYSE:DYN) ("Dynegy" or the "Company") during the period between April 17, 2001 and April 24, 2002, inclusive (the "Class Period"). A copy of this complaint is available from the Court or from Abbey Gardy, LLP. Please contact us by phone at (800) 889-3701 or by email at JHaas@abbeygardy.com.
MTG receives Russian regulatory approval to acquire Storyfirst
STOCKHOLM, Sweden, May 2, 2002 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY), the international media group, today announced that it has received the necessary approvals from the Russian Ministry of Antimonopoly Policy regarding its acquisition of 36.3% of StoryFirst Communications Inc., which was announced on 14 January 2002.
Jones Soda Co.
Matt Kellogg Appointed as Executive Chairman of Jones Soda Co.
SEATTLE, May 2, 2002 (PRIMEZONE) -- Jones Soda Co. (the "Company" or "Jones Soda") (OTCBB:JSDA) (CDNX:JSD) today announced that Matt Kellogg, a director of the Company, has been appointed Executive Chairman by the Company's Board of Directors. In his role as Executive Chairman, Mr. Kellogg will work full time at Jones Soda's headquarters and will have overall responsibility for all aspects of the Company's operations.
C2 Portfolio Inc.
C2 Portfolio Inc.: HR Outsourcing Company Announces New Alignments in the HR Services Line
CHANTILLY, Va., May 2, 2002 (PRIMEZONE) -- C2 Portfolio Inc. announced its realignment of their HR services line which will increase its market share and enable the company to position itself for continued growth. C2 Portfolio's HR Service line has split into 4 specialty areas: Recruiting, Benefits Administration, Training and Legal Compliance. C2 Portfolio is a Professional Employer Organization, or PEO that provides "Virtual Human Resources and Payroll Administration" to small to mid-size companies including 8-a firms and organizations participating in a variety of SBA programs. To date, C2 has a nationwide presence and representation in 38 states. Companies benefit from PEO services by allowing businesses to focus on profitability and growth vs. spending resources on non-revenue generating administrative tasks.